RIPPLE - XRP/USD - 15 min. - Technical analysis published on 01/07/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
22%
44%
33%
My opinion
Bullish above 0.340467 USD
My targets
0.349533 USD (+1.85%)
0.354467 USD (+3.28%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 0.340467 USD remains possible. It is advisable to trade RIPPLE - XRP/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 0.340467 USD. The next bullish objective for buyers is set at 0.349533 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.354467 USD. If there is any crossing, the next objective would be the resistance located at 0.363533 USD. PS: if there is a bearish break in the support located at 0.340467 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
1.8
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This analysis was given by Henry07. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The RIPPLE - XRP/USD rating is 0.343200 USD. The price is lower by -0.41% since the last closing and was between 0.342500 USD and 0.345400 USD. This implies that the price is at +0.20% from its lowest and at -0.64% from its highest.0.342500
0.345400
0.343200
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this RIPPLE - XRP/USD chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
On the 18 technical indicators analysed, 4 are bullish, 6 are neutral and 8 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Ichimoku - Bearish crossover : Tenkan & Kijun
Type : Bearish
Timeframe : 15 minutes
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.311833 | 0.331400 | 0.341300 | 0.343200 | 0.345600 | 0.351840 | 0.368136 |
| Change (%) | -9.14% | -3.44% | -0.55% | - | +0.70% | +2.52% | +7.27% |
| Change | -0.031367 | -0.011800 | -0.001900 | - | +0.002400 | +0.008640 | +0.024936 |
| Level | Major | Minor | Intermediate | - | Minor | Intermediate | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.321533 | 0.326467 | 0.335533 | 0.340467 | 0.349533 | 0.354467 | 0.363533 |
| Camarilla | 0.340750 | 0.342033 | 0.343317 | 0.344600 | 0.345883 | 0.347167 | 0.348450 |
| Woodie | 0.323600 | 0.327500 | 0.337600 | 0.341500 | 0.351600 | 0.355500 | 0.365600 |
| Fibonacci | 0.326467 | 0.331815 | 0.335119 | 0.340467 | 0.345815 | 0.349119 | 0.354467 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.285567 | 0.309633 | 0.324467 | 0.348533 | 0.363367 | 0.387433 | 0.402267 |
| Camarilla | 0.328603 | 0.332168 | 0.335734 | 0.339300 | 0.342866 | 0.346432 | 0.349998 |
| Woodie | 0.280950 | 0.307325 | 0.319850 | 0.346225 | 0.358750 | 0.385125 | 0.397650 |
| Fibonacci | 0.309633 | 0.324493 | 0.333674 | 0.348533 | 0.363393 | 0.372574 | 0.387433 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.235300 | 0.283900 | 0.311600 | 0.360200 | 0.387900 | 0.436500 | 0.464200 |
| Camarilla | 0.318318 | 0.325312 | 0.332306 | 0.339300 | 0.346294 | 0.353288 | 0.360283 |
| Woodie | 0.224850 | 0.278675 | 0.301150 | 0.354975 | 0.377450 | 0.431275 | 0.453750 |
| Fibonacci | 0.283900 | 0.313047 | 0.331053 | 0.360200 | 0.389347 | 0.407353 | 0.436500 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 47.86 | |
| MACD (12,26,9): | 0.0002 | |
| Directional Movement: | -0.908303 | |
| AROON (14): | -57.142858 | |
| DEMA (21): | 0.343706 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.344394 | |
| Elder Ray (13): | -0.000397 | |
| Super Trend (3,10): | 0.344381 | |
| Zig ZAG (10): | 0.342800 | |
| VORTEX (21): | 0.7597 | |
| Stochastique (14,3,5): | 11.49 | |
| TEMA (21): | 0.342950 | |
| Williams %R (14): | -89.66 | |
| Chande Momentum Oscillator (20): | -0.001700 | |
| Repulse (5,40,3): | -0.0494 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0226 | |
| Courbe Coppock: | 0.71 |
| MA7: | 0.343343 | |
| MA20: | 0.347700 | |
| MA50: | 0.370188 | |
| MA100: | 0.411728 | |
| MAexp7: | 0.343023 | |
| MAexp20: | 0.343223 | |
| MAexp50: | 0.341891 | |
| MAexp100: | 0.340622 | |
| Price / MA7: | -0.04% | |
| Price / MA20: | -1.29% | |
| Price / MA50: | -7.29% | |
| Price / MA100: | -16.64% | |
| Price / MAexp7: | +0.05% | |
| Price / MAexp20: | -0.01% | |
| Price / MAexp50: | +0.38% | |
| Price / MAexp100: | +0.76% |
Quotes :
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Real time data
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Cryptocompare
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